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Q 3 8 - 1 . You deposited $ 2 , 0 0 0 in a bank account paying 6 % on January 1 ,

Q38-1. You deposited $2,000 in a bank account paying 6% on January 1,2004, and then you made
$2,000 deposits on January 1 in 2005 and 2006. Which of the following expressions will calculate
your bank balance one year after the last payment was deposited?
(the caret top key "???" is the exponent key, for example, 1.062=1.062)
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
a FV=$2,000[1.06]-1+$2,000[1.06]-2+$2,000[1.06]-3
b ,FV=$2,000[1.06]1+$2,000[1.06]2+$2,000[1.06]3
c FV=$2,000[1.06]0+$2,000[1.06]1+$2,000[1.06]2
d FV=$2,000[1.06]-0+$2,000[1.06]-1+$2,000[1.06]-2+$1,000[1.06]-3
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